The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-04-13

EioAOuCo "A. q M. SU.sAEI biutSc dokcu
Tenn. Coal and Iron, 472 bid,49 asked
Memphis Water Co-993 bid. 100 asked
Tenn. Brewing Co.,. 127 bid, e. asked
Speers' Wsdding Co. 1911 bid,l1l asked
U'on Spk Y'rd & 90 % bid, -. asked
NEW YORK, April l2.-Money on cal
loaned from 5 to 8 per cent, closed a
5per cent. bid. Prime mercantile PAGER
| 5@6 per cent. Sterling exchange dull
bat STEADY at 1851 for sixty day bills
and 487 for demard.
Bonds = Government and State
bonds were dull and steady.
Stocks-The London market foi
American stocks this morning came
very strong and active, and under the
impetus Cf foreign buying orders the
market was higher and strong. The
cliques took advantage OF this move.
ment 10 unload to a certain extent,
while there was considerable covering
OF shorts at the same tune. TIE re-
suit was a somswfa a. feverish and un-
settled market until later in the day,
when buying became more general and
a more decidedly firm tone was i'm
parted to the dealings. R;ading and
Jersey Central were again the center
Of attraction, although the trading in
the former showed a marked decrease
from that OF yesterday. The strength
In the stock was stimulated by reports
of the n'agreement OF the leased
lines to combine against ths reorgani-
zation. There was considerable for
eign buying also in the stock.
Omaha became a conspicuous feature,
being strong upon an unusually favor
able statement, and Manhattan was
doomed late in the day undtr the
agreement of the New York City and
Northern bondholdeis, the outcome
Of which ia eS pected to benefit the
former stock. The opening vas strong
at advances ranging up TO per cent,
the latter in Louisville and Nashville.
There was an active trading with
Reading and Omaha most prominent,
and while the latter was conspicuously
strong, the general list yielded frac-
tional amounts. Later Jersey Cen
trail and Wheeling and Lake Erie be-
came strong and the general list re-
sponded, the early losses being
recovered before noon. A buoy
ant tone marked the dealings
in the afternoon and New England,
Louisville and Nashville, and Norfolk
and Western preferred Joined the
strong and active stocks. There was
again a fractional reaction, but the
market closed about steady close to
the opening figures. Sales, 375,63l
shares. Railroad bonds we're quiet in
the forenoon, but became decidedly
active late in the cay when, also, quo
tations yielded freely. Sales, 1884
900. New York City and Northern
trust receipts contributed $3.50, 600;
Atlantic and Pacific incomes, $l45, 900;
Fort Worth and Denver tirsts, $685. 900
Closing prices show irregular changes,
about equally divided.
The total sales OF stocks today were
375 ,63l shares, including: Delaware,
Lackawanns and Western, II, 400; Erie,
80, $40; Lake Shore, 1890; Louisville
and Nashville, 1920; st. Paul, 49,
300; Reading, "a, $50; st. Paul and
Omaha, 2l,3l0; Western Union, 49,.
265. Closing quotations:
BONDS.
U.S. IS, 100. As, COUP. 1891.
as, coup, 110A. Pacific IS of 1895, l26%
La. stamps, As, 9lN. Missouri 6s, 102.
Cent. Pao. lists. 116. Den. X. & G. lsts, 120
r. r x ksIf. y Ss ;n. g.. i5aShE EGiS 2d Pa IC ,i;t,,17x.
North. Pac. 2ds, 1919. N. Western con. 139.
N. West. deb. 81, ITO. St.L. . F,Gen.M ll2X
st. Paul cen, 1891. st. P.C.&P. lists, III.
TIP. landgrants,63. T:P.R.G ex on. 75H.
u. P. lists, 1l6. West Shore, 1929.
Tenn. 6s, set mt, l06%. Tenn. SIS, set mt, 103.
Tenn. 3s, set'mt, 7SH.
STOCKS.
Adams Express, l43. Morris&E. .of'd,1S7.
Allegheny Oent'l,-. Nashville &c c., So.
Alton 4 7. H., g.. N. ] Central, S1H.
A. & ]. H.&,p fd., rs. Nor. Il w. pfd, 53I.
American EX., a1O9. Northern PAc 2sIS,
Canada Pao., 63sS. CO N. W., l2vA.
Canada Sou, 6Zss. 9. &N.W. pfd 14S.
Central Pacific, 43M. NJ. Central, 1l2N.
&O.,9. N.Y.Q.&St.L ,l91g...
& o. LIST pfd, AN. N.Y.C. &StL,pfd, 1871.
d o. I'd pfd, 10. Ohio Central, =
Chicago Il A., Jas. Ohio d Miss. pfd, 32SS.
G. K A. pfd, 100. Ga Miss. pfd, 30
c., B. b Q l42A. Ontario Il West, 1879.
O., St. u. l. N. o. Oregon Nav lulA.
G., st. La Ia. Qregon Trans, IS.
ST. L& P.p;d, 46. Oregon Imp 4S
s. 4 c.. 81. Pacific Mail, 56H.
.. x u. Valley 3Sza. Peoria - H., 1873.
Del. d Hud., lQ4A. Pittsburg, 1853.
Del, L. il W, 1874. Pullman p.O,, l5lh.
Den &Rio g, 1925. Reading, 45H.
Erie, S5sASs. Rock Island. l26.
Erie pfd, 74h. St.L. Il ST, So.
New East Tenn. 1877. st. l.. &S.F, pfd, 1871. |
NewE. Tenn. PFC 1854. St.L. IS. f .1stp, l7H. |
Fort Wayne, 147. @. M. h st, P, 93A =
Hannibal & St. JIG q. ma St.Pn p, l2OA.
H.& St.Jo:. pfd,- *St. p, NJ X M, ia;
ZIG. st. Paul & Omaha, 63A |
Houston n T., 40. St.Paul h Q. pid, ll3
illinois Central, 1870. Tenn. Coal& Iron As.
Ind, B. IL W., 26M. Texas Pacific, 2955z.
4 T. 1917, Toledo & 0.Cen, ,P ,55. |
Lake y & W ,lS. Union Pacific, 6lA.
Lake Shore, 95A. u. s. Express, g..
Lou. 4 Nash, 69h. W.,S.L.&P., 81.
Lou. 4 N. A, 60. M.,S.L. &P., 96h.
VI. d 9. LIST pfd, -. Wa r. Ex., l27.
". II Q. seconds. W. U. Tel, 171s:.
Mem. & Char, 81. Colorado Coal, 44sS.
LONDON, April 12,-Consols, 102 sic
or both money and the account;
nited States As, 1872; AIS, 1l24; At
antic and Great Western firsts, so.
Bar oliver, 435d per ounce. The
amount of bullion gone into the Bank
If England on balance today wal
e1l3,000.
PARIS, April 12.-Three per cent.
8lf 224 for the account.
BERLIN, April 12.-The statement of
,he Imnarial Bank OF CfermAnV noWB /